What is a 200% Casino Bonus?
Some casinos offer to match your initial deposit once you sign up. In general, once you deposit so much money, the casino will match a portion of it. Usually, the casino will match your deposit exactly, up to a certain amount of money. For example, if you throw in $100, then they'll throw in $100 of house money.
Sometimes, however, casinos will only match a certain portion of the money you deposit. On rare occasions, though, the casino will actually contribute even more money then you do.
If a casino gives you a 200% match bonus on deposit, that means they're going to double the amount that you put in. That is to say, if you put in $100, they'll throw you an extra $200.
200% Match Bonus on Deposit
As mentioned above, numerous times, a 200 casino bonus is rare. Of course, the reason it's rare, is because casinos generally want to keep their money! That's why almost all casino bonuses come with wagering requirements.
Basically, a wagering requirement is a specified amount that you have to gamble through before you can actually walk away with any winnings you get from a bonus.
For the most part, you're not going to profit off of a welcome bonus. It's better to look at a welcome bonus as a cheap way to get a feel for the casino. That being said, a 200% match bonus on deposit certainly gives you better odds than most.
First Deposit Bonus
When you initially transfer money into your account, you'll get the first deposit bonus straightaway. The major benefit to this is that it allows you to start placing large bets immediately. Nevertheless, you need to keep the wagering requirement in mind if you want to walk away with any money.
It may be tempting to make massive wagers with such a large starting bankroll, but keep in mind that betting big can mean losing big. If you want to make that requirement before you go broke, betting small and sensible is usually the way to go.